When I compare my taxable income to the IRS Tax Table Turbotax determines I owe more tax than the IRS has written. Can somebody tell me why?
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Do you have a business with a net profit? If so, you will owe Self-Employment taxes which are separate from federal income taxes.
Do you have a business with a net profit? If so, you will owe Self-Employment taxes which are separate from federal income taxes.
@DoninGA You were spot on correct. The difference equals my self employment tax. Thank you very much👌🏼
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